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cliff." if they don't reach a compromise by the stroke of midnight on the 31st, a combination of sweeping spending cuts and widespread tax increases will take effect in days. jessica yellin has the >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans. and it would have to increase taxes on the highest income earners. but negotiators could still work out exactly where those tax increases would hit and whether they would halt an increase in the estate tax. now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the sena
cliff." if they don't reach a compromise by the stroke of midnight on the 31st, a combination of sweeping spending cuts and widespread tax increases will take effect in days. jessica yellin has the >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an...
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Dec 30, 2012
12/12
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. >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans. and it would have to increase taxes on the highest income earners. but negotiators could still work out exactly where those tax increases would hit and whether they would halt an increase in the estate tax. now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the respon
. >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans. and it would have to...
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Dec 30, 2012
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. >>> don, in washington, there's hope a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house, but all eyes were on the senate where negotiators were trading deal points in trying to reach an agreement. any bipartisan bill has to include a extension of unemployment benefits that would effect 2 million americans and an increase for taxes for the highest income workers. >>> now, while that. negotiation is continuing, the president has asked senate majority leader, harry reed to prepare an alternative bill to have ready to put on the senate floor as early as sunday. that bill would raise taxes on households that earn $250,000 or more. that is a democratic proposal and you can expect that republicans would block it, so think of that less as a stop gap measure and more as a political move to sthift the failure of responsibility to the republicans just as the nation approaches the hour of republic -- the hour of reckoning. >> the nation's capitol could see snow of 3-5 inches tonight. washington not alone, these pictures
. >>> don, in washington, there's hope a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house, but all eyes were on the senate where negotiators were trading deal points in trying to reach an agreement. any bipartisan bill has to include a extension of unemployment benefits that would effect 2 million americans and an increase for taxes for the highest income workers. >>> now, while that. negotiation is continuing,...
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Dec 30, 2012
12/12
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the house has passed two bills that would avert the fiscal cliff. in august to pass a bipartisan bill. the house passed legislation to avoid sequestration by cutting spending. our plan is to take your calls and hear from you over twitter, and to wait it out, to wait and hear what we hear from capitol hill. our cameras are on capitol hill and we hope to be able to give you some coverage of briefings happening on the hill. so far, the house is out and the senate will be out shortly once they finish this series of votes. and it was 12:15 eastern, writing a major setback in fiscal cliff talks. you may have heard sheila jackson lee question this. that negotiations between harry reid and mitch mcconnell suffered a major setback after republicans demanded the inclusion of a new method for calculating benefits for the package. change came from progressives to result in lower payments. part of the current negotiations on the scale down deal, they say that they gave ground on other issues, including raising the tax threshold, as well as -- that was from two h
the house has passed two bills that would avert the fiscal cliff. in august to pass a bipartisan bill. the house passed legislation to avoid sequestration by cutting spending. our plan is to take your calls and hear from you over twitter, and to wait it out, to wait and hear what we hear from capitol hill. our cameras are on capitol hill and we hope to be able to give you some coverage of briefings happening on the hill. so far, the house is out and the senate will be out shortly once they...
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Dec 30, 2012
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more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or more senators who do not like tax increases to just filibuster round and we are relying on a house that could not take the lead. it's important to state that while the official deadline is the 31st, the true this congress can continue to worked until the new congress comes in january 3rd. we have more like three days. host: joshua gordon, are we going over the cliff? what will it mean if we do? guest: in some sense, we will even if they reach a deal. this is something when you look at the contours' of the deal that have been talking about, there will still be a lot left fo
more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or...
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Dec 30, 2012
12/12
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we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no sn
we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet:...
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Dec 30, 2012
12/12
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WBAL
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our top stories are on the other side of this break, including the dreaded fiscal cliff. we're almost at the edge. >> a burglar breaks into a woman's house and she fears he'll return. >> we're keeping an eye on the weather. lake-effect snow showers impacting parts of the northeast >> you're watching wbal-tv 11, local, late breaking. this is 11 news sunday morning. >> welcome back to 11 news sunday morning. we're going to get to our top stories in a minute but first a check outside with ava. >> it's the ava and jen show. >> lisa's sleeping in. >> we had the snow yesterday, and it accumulated across the region with half an inch to two inches in the baltimore metro area especially towards the north and in carroll county you got up to three inches. it's been a quick start to the winter season. it will feel chilly today. 36 degrees at the airport, west-northwest winds at 16 miles per hour and temperatures across the metro area, 37 in pasadena, 35 in columbia and 41 downtown. temperatures won't warm much because of the strong winds. breezy with gusts up to 35 miles per hour. hi
our top stories are on the other side of this break, including the dreaded fiscal cliff. we're almost at the edge. >> a burglar breaks into a woman's house and she fears he'll return. >> we're keeping an eye on the weather. lake-effect snow showers impacting parts of the northeast >> you're watching wbal-tv 11, local, late breaking. this is 11 news sunday morning. >> welcome back to 11 news sunday morning. we're going to get to our top stories in a minute but first a...